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Xflr

$FLR $XFLR At Strong Support Look For ReversalThe #SPARK IOU token is at trendline support on #BITRUE and #POLONIEX both have been holding strong after a healthy retracement. Look for buying to increase as the FLARE NETWORK team is due to launch the MAINNET any day now. Which will signal the 30 day countdown to the FLARE FINANCE $DFLR AIRDROP. This quite possibly is a #crypto game changer for this entire space. Not financial advice but I am holding a large chunk of skin in this game.
XLong
by ABMNATN
Spark (XFLR and FLR) Spark (FLR) Flare’s native token You must remember the XRP airdrop, this is exactly this token Collateral for the trustless issuance of assets from non-Turing complete chains. Starting with XRP, XLM, Litecoin and Dogecoin. Flare is a smart contract that integrates an Ethereum virtual machine. To open up the possibility for a large number of popular coins to use decentralized applications starting with coins such as XRP XLM DOGE LTC . In other words, it is Turing's introduction of complete smart contracts into each integrated chain. In simple words, creating a smart contract for blockchains that don't have their own smart contract. The smart contract is a catalyst for the development of both the network and the business within the blockchain. Now this feature will not only be available in popular ecosystems such as BNB, ETH . + As stated in the white paper, following the release of the main network is the creation of a large ecosystem of defi products. + Watching their social networks, I can say that their marketing is built at the high level. + This month the token will be airdrop on 50 of the most popular exchanges at once. The token is currently traded as the IOU on two exchanges . Poloniex ( XFLR )and Bitrue ( FLR ). XFLR - as the IOU on Poloniex exchange. After the start of the Flare network, Poloniex exchange undertakes to exchange XFLR to FLR - In this proportion 1 XFLR = 0.15 FLR So, you have 1 XFLR at day 1 and you just receive 0.15 FLR at day one. While in Bitrue you HAVE 1 XFLR and you will receive 1 FLR at day one. The guy who buys 100 XFLR in Poloniex just will receive 15 FLR at launch. The guy who buys 100 FLR in Bitrue will receive 100 FLR at launch. It is profitable to buy with Poloniex, but the vesting time is longer. Since you will not receive all the coins at once, only a part of them. You will receive the rest of the amount later. Distributed over the course of 2-3 years P.S. ~ 65% of the value of blockchain tokens is not available for decentralized applications. Best regards EXCAVO
XLong
by EXCAVO
5
XRP & XFLRToo much confusion over this XFLR (Poloniex) and FLR (Bitrue) Let's finally clear this all up... Flare Networks launches this quarter (very soon) Their token is the Spark Token (FLR) FLR tokens will be distributed (15% of total) as soon as the Flare Network launches. (~3% per month after that until 100%) An airdrop was done in December, owners of XRP gained 1.0073 FLR tokens for each XRP they held in the necessary accounts. XRP owners have itchy trigger fingers and wanted to trade FLR tokens even though none have been handed out yet. Poloniex and Bitrue said, hey how about we give you "IOU's" to trade now, then when the actual FLR tokens are handed out we will give you 1 REAL FLR token for each 1 IOU token you own. Now this is where people are confused. (The too long but still read: Spend $190 on Bitrue to get 100 real FLR (Total value of $190) Spend $220 on Poloniex to get 100 real FLR and still have 567 XFLR leftover (Total value of $377.11)) Pay attention. Bitrue said, we will only be getting 15% of the total FLR tokens at launch. So if you had 100 XRP you would get 15% of that (multiplied by 1.0073 technically, but let's just go with 1:1 for now) at launch. Bitrue then handed out IOU's like this: 100 XRP = 15 FLR(IOU) Poloniex said, we will give you 100% of the total FLR tokens at launch. So if you had 100 XRP you would get 15% of that at launch, then ~3% per month until you hit 100% of what's owed to you. Poloniex then handed out IOU's like this: 100 XRP = 100 XFLR(IOU) These IOU's are convertible into real FLR (spark) tokens after Flare Networks goes live. Here is the next part where people get confused. PAY CLOSER ATTENTION (Pricing at time of writing) (**assume real FLR is the same price as FLR(IOU) from Bitrue, but could be anything really) Buy 100 FLR(IOU) on Bitrue at $1.90 When Flare goes live, get 100 real FLR tokens Every FLR(IOU) is converted to real FLR. You now have 0 FLR(IOU) and have 100 real FLR. Total Cost: $190 Total Value: FLR(IOU) + real FLR = 0 + $190 = $190 Congratulations you now own 100 real FLR and it only cost you $190. Buy 100 XFLR(IOU) on Poloniex at $0.33 When Flare goes live, get 15 real FLR tokens (15% of the XFLR you own) 15% of XFLR(IOU) is converted to real FLR. You now have 85 XFLR(IOU) and have 15 real FLR. Total Cost: $33 Total Value: XFLR(IOU) (85) + real FLR (15) = $28.05 + $28.50 = $56.55 Congratulations you now own 15 real FLR and still have 85 XFLR and it only cost you $33. Each month ~3% of the remaining XFLR will convert to real FLR until you have 0 XFLR remaining. After 3-4 years, you have 100 FLR just like Bitrue. Bitrue it cost you $190 for the convenience of getting it all at once Poloniex it cost you $33 but you had to wait to get 100% of the real FLR That's quite the premium you paid So let's put it this way You read all this and think, of course, I want it all at once and I'll pay the premium, screw waiting 3-4 years. I want 100 real FLR in my account as soon as the Flare Network launches. Buy $220 of XFLR on Poloniex. Get 667 XFLR When the network launches, get 15% of 667, 100 real FLR tokens. Have 567 XFLR left over that will give you ~3% more real FLR tokens per month until you have 667 real FLR tokens in 3-4 years. Total Value = (567 x 0.33) + (100 x 1.90) = $377.11 Spend $190 on Bitrue to get 100 real FLR (Total value of $190) Spend $220 on Poloniex to get 100 real FLR and still have 567 XFLR leftover (Total value of $377.11) #easymoney
BITSTAMP:XRPUSDLong
by orlinmyer
5
XRP AlternativeBack in November 2020, we had a large rise followed by a pennant, followed by another large rise. Previously I saw a consolidation forming, but now I’m thinking we’re like the Cubs and hunting for a pennant. Closing triangle closes in the next 12 hours so we should have an answer soon. Either a move down towards $1.225 to continue consolidation. Or, a swift break past $1.54 and towards $1.90 XFLR on Poloniex should follow suit #worldseriesafterpennant #pennantisaweirdwordifyousayittoomanytimes
POLONIEX:XRPUSDLong
by orlinmyer
6
XRP Weekly ConsolidationXRP has just had a parabolic rise followed by a break of that parabola and setting of new high. XRP will consolidate over the next days/week. As before, expect a 7 wave down, followed by an ABC pattern. A double retest will mark the start of the next parabolic rise. The prices and timing of this graph should be close enough. (Peak of Parabola should be higher, I just didn’t want to stretch this pattern for clarity sake) My buddy Super Dave from the future didn’t give me a better picture this time around (jerk) Expect this master pattern to continue until say we hit $2.36? While this consolidates I’ll be shifting my focus to XFLR on Poloniex. #noeasternpromises #blamedaveifwrong
BITSTAMP:XRPUSDLong
by orlinmyer
14
XRP Fib Channel*VERY INTERESTING* So now that Super Dave came from the future and gave me all the price action over the last couple of days, I’ve had some time on my hands. Take a Fib channel and link the two previous lows over the past year or so. Then as the 0 level, link the low ascending channel trendline. This is kinda crazy... 1.618 level is were things started to take hold. (Also marks previous local low) People need to investigate this further. Send it to all the hotshots on this site so they can figure out whats going on... #waysmarterpeoplethanmecanprojectfromthis #waytoolonghashtagsarejustnotcool
BITSTAMP:XRPUSDLong
by orlinmyer
15